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High profile names Bernard Ponsonby, John McKay, Raman Bhardwaj along with other staff walked out in protest at the roles being slashed.

A further 34 positions will be scrapped with an additional £1m saved in other changes to its news output.

It comes as part of a company restructuring in an attempt to put more emphasis on its online content.

From left, presenters Bernard Ponsonby, John McKay, Raman Bhardwaj were the most high profile names to take part in the walk out (Image: SNS Group)

STV will also set aside £15million for other new investments as they shift their focus onto the main channel and the STV Player.

The company said: "Reflecting the challenging economics of local television and anticipated new competition from BBC Scotland, our loss-making STV2 channel will close at the end of June 2018, with content investment shifting to the STV main channel and STV Player.

"This will result in savings of £1m per annum and a headcount reduction of 25."

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Simon Pitts, STV Chief Executive, said: "As a result of the challenging economics of local television and anticipate increased competition from BBC Scotland, we have taken the difficult decision to close our loss-making STV2 channel to focus our future content investment on STV and the STV Player.

"I’d like to thank the STV2 team for everything they have achieved over the last 4 years."